Virtus Etf Price on April 25, 2023
| BLHY Etf | USD 21.15 0.00 0.00% |
If you're considering investing in Virtus Etf, it is important to understand the factors that can impact its price. As of today, the current price of Virtus stands at 21.15, as last reported on the 11th of December 2024, with the highest price reaching 21.15 and the lowest price hitting 21.15 during the day. We have found twenty-five technical indicators for Virtus, which you can use to evaluate the volatility of the etf. Please validate Virtus' Coefficient Of Variation of 671.21, semi deviation of 0.1338, and Risk Adjusted Performance of 0.0904 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Virtus Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Virtus |
Sharpe Ratio = 0.0
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Based on monthly moving average Virtus is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Virtus by adding Virtus to a well-diversified portfolio.
Virtus Valuation on April 25, 2023
It is possible to determine the worth of Virtus on a given historical date. On April 25, 2023 Virtus was worth 21.05 at the beginning of the trading date compared to the closed value of 20.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Virtus etf. Still, in general, we apply an absolute valuation method to find Virtus' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Virtus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Virtus' related companies.
| Open | High | Low | Close | Volume | |
| 21.04 | 21.04 | 20.66 | 20.66 | 4.00 | |
04/25/2023 | 21.05 | 21.05 | 20.68 | 20.68 | 25.00 |
| 21.03 | 21.03 | 20.65 | 20.65 | 24.00 |
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Virtus Trading Date Momentum on April 25, 2023
| On April 26 2023 Virtus was traded for 20.65 at the closing time. The top price for the day was 21.03 and the lowest listed price was 20.65 . The trading volume for the day was 24.0. The trading history from April 26, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.15% . The trading price change against the current closing price is 1.02% . |
Virtus Fundamentals Correlations and Trends
By evaluating Virtus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Virtus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Virtus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Virtus Etf history
Virtus investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Virtus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Virtus will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Virtus stock prices may prove useful in developing a viable investing in Virtus
Under normal market conditions, the fund will invest not less than 80 percent of its net assets in a diversified portfolio of high yield bonds and other debt securities. Virtus Newfleet is traded on NYSEARCA Exchange in the United States.
Virtus Etf Technical Analysis
Virtus technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Virtus Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Virtus December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Virtus etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Virtus shares will generate the highest return on investment. By undertsting and applying Virtus etf market strength indicators, traders can identify Virtus entry and exit signals to maximize returns
Virtus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Virtus' price direction in advance. Along with the technical and fundamental analysis of Virtus Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Virtus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0904 | |||
| Jensen Alpha | 0.0338 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | (0.79) |
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Virtus is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus' value that differs from its market value or its book value, called intrinsic value, which is Virtus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virtus' market value can be influenced by many factors that don't directly affect Virtus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virtus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.